India’s Manufacturing PMI Hits 17-Year High of 59.3 in August 2025, Reflecting Strong Industrial Growth.
Economy Business
On September 1, 2025, HSBC released the latest India Manufacturing Purchasing Managers’ Index (PMI), compiled by S&P Global, showing a record PMI of 59.3 in August 2025. This marks the highest level since 2008, reflecting strong industrial growth and economic momentum.
The surge in PMI was driven by a sharp rise in domestic demand and manufacturing output, with year-on-year production growth touching 7.7%, a significant jump from 4.8% in the previous quarter. This indicates a robust revival of India’s industrial base.
The PMI index is calculated from surveys of nearly 400 manufacturing firms across India, assessing business confidence and sectoral trends. It serves as a leading economic indicator for gauging industrial performance and future growth prospects.
Main Point :- (i) According to the methodology, a PMI reading above 50 denotes expansion, below 50 signals contraction, and exactly 50 indicates no change in activity.
(ii) With the August reading at 59.3, India’s manufacturing sector is firmly in the expansionary zone, highlighting resilience in output and supply chains.
(iii) This is the highest PMI score in 17 years, underlining accelerated growth momentum and sustained improvement in India’s industrial sector performance.
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